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11809 Bunker Hill Drive Rancho Cucamonga, CA 91730

3 Beds 2 Baths 1,767 sqft Built 2002

$647,780

List Price

$2,510

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 20, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2002
  • Price/Sqft : $366.60
  • 3 Days on Market
  • MLS # : IV21051222
  • Updated Date : 03/20/2021 at 08:11
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,767 sqft
  • Baths : 2 full
Listing Agent

Vikki Shore Properties

Listing Agent's Description

Single Story in popular Victoria Gardens/Terra Vista area. 3 bedrooms, 2 full baths. Large entertainment areas include the family room, living room and kitchen with nook. Gorgeous granite kitchen with abundant counter space and impressive tumbled-stone backsplash. Wainscoting decorates the custom eating bar. Special romantic dimmer lighting in wall cut-outs enhances the evening ambiance. Master bedroom suite has a walk-in closet, ample sized bath/shower combo plus double sinks. You’ll also find a large enclosed linen closet with shelving next to the tub. Customized throughout. Walls and doorways re-configured for a wide open floor plan. Recessed lighting added throughout. Ceiling fans in every room. All windows are dressed with special wood trim. No carpet anywhere! Decorator Tile in traffic areas. Brand new harmonizing hand-scraped Wood Flooring in the bedrooms. Upgraded 4” baseboards. Entire interior just painted in 2-shade earth tones. Faux-wood blinds. Indoor laundry. Private finished yard with concrete patio for sitting, serving and BBQ with gas hook-up. Alarm system. No houses in rear! Only lovely trees looking back at your private yard on a quiet street. The community includes walking paths with night lighting and bench seating. Close to the gym, grocery stores, gas stations, and freeways 10, 15 and 210. The fabulous Victoria Gardens is walking distance. Award-winning schools. No HOA. Ready for your move. Photos depict the current condition of the property.

SEE MORE

MARKET HIGHLIGHTS

  • The area has major technology nodes of excellence: Los Angeles (Media and entertainment); Pasadena (High-tech engineering, data analytics); Riverside (Agtech, transportation/ distribution); San Diego (Healthcare, biotech, wireless communications); Irvine (Medtech, cyber security); El Segundo (Aerospace and defense IT, space transport) [BCG, 2018]
  • Los Angeles has been awarded the 2028 Olympics under a funding commitment of $88 billion to upgrade the transportation infrastructure connecting disparate pockets of the metro area. This is expected to produce additional employment in the coming years. (BCG, 2018)
  • As part of Southern California area, Inland Empire market inherits all the benefits from the area.
  • Headquarters to several Fortune 500 companies: Amgen, Farmers Insurance, Walt Disney, Avery Dennison, Activision Blizzard, CBRE Group, Edison International, Molina Healthcare, First American Financial, Pacific Life, Qualcomm and Sempra Energy (Fortune, 2018)
  • Southern California area contributes to 55.3% of California state economy i.e. Gross State Product (USMayors.org, 2018)
  • Southern California produces more technology PhDs per year than any other region in the country and many of the higher educated students stay within Souther California contributing to readily available workforce skills making the area more attractive than Silicon Valley (BCG, 2018)
  • Southern California's economy is worth $1.58 trillion in Gross Metro Product and projected to grow to $1.67 trillion (USMayors.org, 2018)
  • Southern California has 58.7% labor force participation rate; within this area, Los Angeles metro has 62.3% labor force participation rate (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: Terra Vista

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550kPrice in $149k584k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Terra Vista

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q2110012001300140015001600170018001900200021002200230024002500Rent in $10822522

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Terra Vista Elementary School Primary Regular 772 31 10
Etiwanda Intermediate School Middle Regular 1,305 51 8
Rancho Cucamonga High School High Regular 3,462 123 9

Terra Vista Elementary School

  • Education Level: Primary
  • # of students: 772
  • # of teachers: 31
10
GreatSchools Rating

Etiwanda Intermediate School

  • Education Level: Middle
  • # of students: 1,305
  • # of teachers: 51
8
GreatSchools Rating

Rancho Cucamonga High School

  • Education Level: High
  • # of students: 3,462
  • # of teachers: 123
9
GreatSchools Rating
 

$583,002$712,558$647,780

PURCHASE PRICE

$2,259$2,761$2,510

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,510
EXPENSES Loan Payment -$2,250
Property Tax -$663
Property Insurance -$70
Property Management Fees -$148
CASH FLOW
-$621

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.

$647,780

PROJECTED PRICE

$2,510

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.95%
Appreciation Year (1-5) 5.8%
Maintenance Year (1-5) 8.00%
Vacancy 5.35%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$177,412

INVESTMENT

$177,412

Down Payment
$161,945
Rehab Estimate
$5,750
Closing Costs
$9,717

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$2,250

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $161,945
Loan Amount $485,835
See What Happens When You Reinvest Cash Flow

1.08

YEARS SAVED

$3,082

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $2,510

    LIST RENT
  • $1.42

    LIST RENT PER SQFT
  • $2,646

    COMP ESTIMATED VALUE
  • $1.5

    COMP AVG. RENT PER SQFT
Comps Range
$2,510
1$2,5102$2,5953$2,6004$2,7005$2,860
$2,860
RENT COMPS ANALYSIS
  • 11809 Bunker Hill Drive Rancho Cucamonga, CA 1
    • 3 beds 2 baths ∙ 1,767 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,767 Sqft ∙ Built 2002
    • Rent
    • Rent Per SQFT
    •  
    • $2,510
    • $1.42
    •  
  • 11715 Brandywine Place Rancho Cucamonga, CA 2
    • 3 beds 2 baths ∙ 1,767 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,767 Sqft ∙ Built 2002
    LEASED 06/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,595
    • $1.47
    •  
  • 11450 Church Street Rancho Cucamonga, CA 3
    • 3 beds 3 baths ∙ 1,696 Sqft ∙ Built 2004 3 beds 3 baths ∙ 1,696 Sqft ∙ Built 2004
    LEASED 03/17/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $1.53
    •  
  • 11772 Brandywine Place Rancho Cucamonga, CA 4
    • 3 beds 2 baths ∙ 1,767 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,767 Sqft ∙ Built 2003
    LEASED 03/08/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $1.53
    •  
  • 11853 Manhattan Court Rancho Cucamonga, CA 5
    • 4 beds 3 baths ∙ 1,956 Sqft ∙ Built 1999 4 beds 3 baths ∙ 1,956 Sqft ∙ Built 1999
    LEASED 11/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,860
    • $1.46
    •  
PROPERTY LISTING DETAILS
Vikki Shore
Vikki Shore Properties
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: IV21051222
Last Updated: 03/20/2021
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